Is accountancy education paying its social debt?

Abstract:

The subject of accounting is not
only dominating the syllabus: it
has turned the whole accountancy
programme into a nightmare.
Although universities claim to
attract the most gifted and talented
students to a career in accountancy,
students rarely excel:
most barely survive.
The PFMA, MFMA, Treasury Regulations,
Public Audit Act and GRAP are
topics that have not found their way
into the syllabi of the accountancy
departments of South Africa's
universities. Consequently, the
graduates that are "needed for the
social and economic development of
South Africa's public sector" are not
being delivered - its as simple as that.